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Housing Starts Rose in August ....... Debbie Aldrich 801-870-0606

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Real Estate Agent with The Watts Group Real Estate


Daily Real Estate News  |  September 21, 2010  |  

Housing Starts Rose in August


Housing starts rose 10.5 percent in August to an annual rate of 598,000 homes, the most since April, the Commerce Department announced Monday.

Housing starts were up 2.2 percent in August compared to the same month last year, while permits decreased 6.7 percent.

Construction of single-family houses rose 4.3 percent to a 438,000 annual rate after declining 6.7 percent in July.

Construction of multi-family homes increased 32 percent to an annual pace of 160,000.

Housing starts increased 7 percent in the South, 34.3 percent in the West, and 21.7 percent in the Midwest. Starts fell 24.3 percent in the Northeast.

Source: Bloomberg, Courtney Schlisserman (09/21/2010)

Well I hope that is true across the board, we all could use a break and see homes sells rise and inventory decrease and our economy turn around.  So here is hoping!

If you are relocating to Utah and looking for an agent that will work wi th integrity give me a call I would love to earn your business.  debbiealdrich  801-870-0606 thewattsgroup.

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DEBBIE ALDRICH  CSP 

The Watts Group Real Estate

Salt Lake Coordinator for Christian's United for Israel            

  C. 801-870-0606                  

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Your Partner in Real Estate serving Salt Lake county, Cottonwood Heights, Salt lake City, Ogden, The Greater Provo area, Park City, Midway, Heber and wasatch County.  I will always work hard and with integrity. Call me today and let me help you find your first Dream Home.  Debbie Aldrich 801-870-0606 


  www.TheWattsGroup.com      www.activerain.com/Luv2ski.com    www.vipbuyersnow.com        

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Comments (1)

Mahesh Mike Patel
First Team Real Estate - Anaheim Hills, CA
Call Me And Consider It Done!

Good to hear postive news these days. Most of the time media is bashing the housing starts and housing in general.

Sep 21, 2010 12:02 PM